News / Events

Summit Wireless Technologies, Inc. Provides Q318 Update

SAN JOSE, Calif.--(BUSINESS WIRE)--
Summit
Wireless Technologies, Inc. (NASDAQ: WISA), a leading provider of
immersive, wireless sound technology for intelligent devices and
next-generation home entertainment systems, reported results for the
third quarter ended September 30, 2018. Management will hold a call to
provide a business update including its third quarter accomplishments at
8:00 a.m. PST on November 20th.

“Our technology makes high quality immersive, wireless sound easier for
top consumer electronics brands to build into their designs, and for
consumers to enjoy an affordable experience,” said Summit Wireless
President and CEO Brett Moyer. “Since our IPO in July, we have focused
on supporting upcoming customer product launches and driving 2019
revenue growth.”

Summit Wireless will host a conference call at 8:00 a.m. Pacific
Standard Time on November 20th, 2018 to provide a business
update. The conference call will feature CEO Brett Moyer and CFO Gary
Williams.

To participate in the live call, investors are invited to dial (888)
254-3590 or (323) 994-2093 and enter passcode 7080533. A live webcast of
the call will be available via the Summit Wireless investor relations
website here.
Please go to the website at least 10 minutes early to register, download
and install any necessary audio software. The conference call will also
be archived for 90 days or the replay can be accessed through December
4, 2018, by dialing 412-317-6671 or 412-317-6671 and entering passcode
7080533.

About Summit Wireless Technologies, Inc.

Summit Wireless Technologies, Inc. (NASDAQ: WISA) is a leading provider
of immersive, wireless sound technology for intelligent devices and next
generation home entertainment systems. Working with leading CE brands
and manufacturers such as Harman International, a division of Samsung,
LG, Klipsch, Bang & Olufsen, Xbox, a subsidiary of Microsoft, and
others, Summit Wireless delivers seamless, dynamic audio experiences for
high-definition content, including movies and video, music, sports,
gaming/esports, and more. Summit Wireless is a founding member of WiSA,
the Wireless Speaker and Audio Association and works in joint
partnership to champion the most reliable interoperability standards
across the audio industry. Summit Wireless, formerly named Summit
Semiconductor, Inc., is headquartered in San Jose, CA with sales teams
in Taiwan, China, Japan, and Korea. For more information, please visit: www.summitwireless.com

About WiSA

WiSA, the (Wireless Speaker and Audio) Association is a consumer
electronics consortium dedicated to creating interoperability standards
utilized by leading brands and manufacturers to deliver immersive sound
via intelligent devices. WiSA Certified components from any member brand
can be combined to dramatically increase the enjoyment of movies and
video, music, sports, gaming/esports, and more. WiSA also ensures
robust, high definition, multi-channel, low latency audio while
eliminating the complicated set-up of traditional audio systems. For
more information about WiSA, please visit: www.wisaassociation.org.

Safe Harbor Statement

This press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended. Readers
are cautioned not to place undue reliance on these forward-looking
statements. Actual results may differ materially from those indicated by
these forward-looking statements as a result of risks and uncertainties
impacting Summit Wireless’ business including, our ability to predict
the timing of design wins entering production and the potential future
revenue associated with our design wins; our rate of growth; our ability
to predict customer demand for our existing and future products and to
secure adequate manufacturing capacity; consumer demand conditions
affecting our customer’s end markets; our ability to hire, retain and
motivate employees; the effects of competition, including price
competition; technological, regulatory and legal developments;
developments in the economy and financial markets and other risks
detailed from time to time in Summit Wireless’ filings with the
Securities and Exchange Commission.